Two traders build $100M+ long exposure in ETH and BTC on Hyperliquid
June 23 — BlockBeats reports that on-chain tracker ai_9684xtpa spotted two sizable long positions opened on Hyperliquid.
One wallet, 0xa2e…f1468, went long ETH about three hours ago and now holds 21,000 ETH, valued at roughly $36.33 million. The position was entered at an average price of $1,728.50 and is currently showing about $32,000 in unrealized gains, ranking as the platform's eighth-largest ETH position. Data indicates the address has made 15 ETH trades since June, generating about $4.29 million in cumulative profit.
Another wallet, 0x7c4...8e00b, opened a 40x leveraged long in BTC earlier today. It currently holds 1,100 BTC, worth about $70.6 million, with an average entry price of $64,509. The position is down around $383,000 unrealized and stands as Hyperliquid's second-largest BTC position.